TechFlow news, according to Jinshi Data, New York Fed President Williams said he expects inflation to continue declining. A 3% inflation rate is not the new normal, and the Fed will bring inflation down to 2%.
Williams also mentioned that interest rates are expected to gradually decline over the next few years. He emphasized that the U.S. economy is performing very strongly and income levels are rising.
In addition, Williams clearly stated that the Fed's decisions will depend on economic conditions, and political factors will not influence the Fed's interest rate decisions.
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